Canadian Dollar Forecast: USD/CAD Chasing Oil, CAD Data Key for BoC Hike
Eyes on tier 1 Canadian data ahead of next week’s Bank of Canada decision
Japanese Yen Outlook: Large USD/JPY Option Expiries in Focus Ahead of BOJ
With the U.S. observing Martin Luther King Jnr. Day today, trading activity is relatively muted but notable USD/JPY options may prompt price volatility.
British Pound (GBP): A Potentially Volatile Cocktail of Heavyweight Data and Politics
An interesting week ahead for Sterling traders with a raft of heavyweight UK data to watch mixed with political intrigue as PM Boris Johnson fights to save his job.
Value Stocks Shine as Growth Proxies Sag; Tug of War Between IWD & IWF Gets Hot
Value stocks have outperformed growth plays in recent weeks amid rising yields. This dynamic may continue to play out in the near term as the Fed tightening cycle progresses.
Has the Euro Rally Failed Already? Key EUR/USD Levels to Watch
The Euro shot sharply higher after idling for nearly three months against the US Dollar, but the move has struggled to follow-through. Has the rally fizzled out, or merely paused?
Crude Oil Holds Gains as Chinese Data Prompts the PBOC to Act. Where to for WTI?
Oil prices maintained their lofty levels in Asia today after surging last week while the Chinese economic outlook forced the PBOC to act. What does it mean for WTI?
Gold Prices Eyeing $1,816 as Japanese and Chinese Data Beat Expectations
Gold prices hovered at around $1,816 during Monday’s APAC trade as a slew of Japanese and Chinese economic data bolstered sentiment, defying worries about the impact of the Omicron variant.
AUD/USD Unimpressed as China GDP Beats Estimates. Where to Next for the Australian Dollar?
The Australian Dollar was little moved immediately after China’s GDP wasn’t as bad as forecast. Will AUD/USD be impacted?
S&P 500 Wobbles as Bank Earnings Due, China GDP in Focus
Wall Street stocks were mixed on Friday as JPMorgan and Citigroup earnings disappointed. Asia-Pacific investors eye China’s GDP, industrial production and retail sales figures on Monday. US markets...
Australian Dollar Eyes China Q4 GDP Data as APAC Trading Kicks Off
The risk-sensitive Australian Dollar is eyeing China's fourth-quarter GDP growth rate set to cross the wires this morning. AUD/USD faces major resistance If bulls push prices higher.